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SPDR Bloomberg Barclays Investment Grade Floating Rate ETF
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- Description
- Performance
- Fundamentals
- Rate Sensitivity
- Rating
| SPDR Barclays Investment Grade Floating Rate ETF is an exchange-traded fund incorporated in the USA. The Fund's objective is to replicate as closely as possible the performance of the Barclays U.S. Dollar Floating Rate Note < 5 Years Index. |
| Category | Corporate |
| Fund Sponsor | SSgA Funds Management Inc |
| Website | www.spdrs.com |
| Inception date | Nov 30, 2011 |
| Assets (mns) | $2,622 |
| Currency | USD |
| Expense ratio | 15 bp |
| Distributions | Monthly |
| Regulation | Open-End Investment Company |
| Custodian | State Street Bank & Trust Co |
| Weighting | Market Cap |
| Index replication | Optimized |
| No. of constituents | 534 |
| No of distinct issuers | 227 |
| Inflation protected | 0% |
| Variable/Fixed coupon | 99% /1% |
| Non-standard maturity (callable, etc.) | 29% |
| 0.0% 1/20/22 | 0.9 % |
| 0.0% 6/01/21 | 0.7 % |
| 0.0% 12/15/21 | 0.6 % |
| 0.0% 2/10/21 | 0.6 % |
| 0.0% 6/08/20 | 0.6 % |
| 0.0% 8/09/19 | 0.6 % |
| 0.0% 1/24/23 | 0.6 % |
| 0.0% 2/11/22 | 0.5 % |
| 0.0% 2/23/23 | 0.5 % |
| 0.0% 3/17/20 | 0.5 % |
| TOTAL | 6.1 % |
|---|
| GOLDMAN SACHS GROUP, INC. | 3.3% |
| INTER-AMERICAN DEVELOPMENT BANK | 2.8% |
| MORGAN STANLEY | 2.7% |
| CITIGROUP INC. | 2.6% |
| BANK OF AMERICA CORPORATION | 2.5% |
 |
UNITED STATES | 58.4 % |
 |
CANADA | 6.2 % |
 |
UNITED KINGDOM | 5.7 % |
 |
JAPAN | 5.2 % |
 |
AUSTRALIA | 3.5 % |
HISTORICAL RETURNS 
| Custom date range | Compare to | ||
| thru |
| Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
| -0.0% | 1.5% | 1.7% | -- | 1.6% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 0.17 | 3% |
| S&P500 | 0.13 | 50% |
| MSCI EAFE | 0.14 | 53% |
| MSCI Emg. Mkts. | 0.11 | 50% |
| Recent close | $30.49 |
| 30d moving avg. | $30.41 |
| Annualized volatility | 3.1% |
| Short interest (ETF) | 0.1% |
| Relative strength (RSI) | 66 |
| Avg. volume (thou.) | 635 |
| Avg. daily value traded (mns) | $19 |
| Turnover | 0.7% |
| Bid/Ask (% of price) | 0.04 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
| FLRN | 1.6 yrs | Category Avg.* |
5.1 yrs |
| FLRN | 1.6% | Category Avg.* |
5.0% |
| Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
| +300 bp | 3.79% | -4.6% | $29.07 |
| +200 bp | 2.79% | -3.1% | $29.54 |
| +150 bp | 2.29% | -2.3% | $29.78 |
| +100 bp | 1.79% | -1.6% | $30.02 |
| +75 bp | 1.54% | -1.2% | $30.13 |
| +50 bp | 1.29% | -0.8% | $30.25 |
| +25 bp | 1.04% | -0.4% | $30.37 |
| 0 bp | 0.79% | 0% | $30.49 |
| -25 bp | 0.54% | 0.4% | $30.61 |
| -50 bp | 0.29% | 0.8% | $30.73 |
| -75 bp | 0.04% | 1.2% | $30.85 |
| -100 bp | -0.21% | 1.6% | $30.97 |
| -150 bp | -0.71% | 2.3% | $31.20 |
| -200 bp | -1.21% | 3.1% | $31.44 |
| -300 bp | -2.21% | 4.7% | $31.92 |
*Fund Category: CORPORATE
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
79 | bp |
| Less: Annual "default factor" |
8 | bp |
| Less: Expense ratio | 15 | bp |
| Equals: ALTAR Score | 0.56 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 1.1% |
| Corporate | 1.8% |
| Emerging Market | 3.9% |
| Government | 0.5% |
| Inflation Protected | 1.0% |
| Mortgage | 2.4% |
| Municipals | 2.1% |
| *Note: The SPDR Bloomberg Barclays Investment Grade Floating Rate ETF is classified as a Corporate fund. | |